Damus

Recent Notes

Lyn Alden · 18w
What's going on in Sudan gets an order of magnitude less coverage than what's going on in other military hot spots of the world, despite being of similar magnitude. Perhaps I tend to think of it a lo...
RK profile picture
Sudan’s tragedy is enormous.
But Sudan’s tragedy does not generate clicks, capital flows, or geopolitical leverage, therefore the fiat system does not amplify it.

Fiat systems reward whatever sustains the system, not whatever reflects reality.

This is how fiat systems shape collective consciousness.
❤️1
RK profile picture
Bitcoin represents more than digital scarcity. It’s the convergence of fixed monetary rules with open, verifiable settlement infrastructure.

This fusion creates new possibilities for monetary reliability, payment efficiency, and financial transparency.

🔥 Banger if I do say so myself
bitcoin.rocks · 39w
Will take a look, thanks! Seems like a relatively new service?
RK profile picture
Fix the Money yes. But there’s more to it..

Bitcoin fixes a lot.
It gives us better incentives.
Hard money, no printing, no gatekeepers. All beautiful but…

It doesn’t fix:

That empty feeling a lot of people carry around

How leadership became detached from actual people and places

The fact that most of us are just consumers now, not citizens

How work stopped feeling meaningful

Or the low-key fear that drives so many decisions: “If I don’t extract, I’ll be left behind”

Fixing the money is essential.
But it’s not enough.

We still need to:
Rebuild real trust between people, communities, and institutions

Bring humanity back into how we work

Ask the hard question: what’s actually valuable?

Help folks navigate a chaotic world that’s moving way too fast

Fiat’s not just a currency system.
It’s a symptom.
It reflects deeper cracks in our values, in how we lead, in how we live.

Bitcoin gives us a shot at doing things differently.
But if we don’t change how we measure success, what we believe about people, or how we treat each other…

We’ll just rebuild the same old machine.
Same treadmill. Just faster and shinier.

The goal isn’t just fix the system.
It’s be better humans in a better system.

Bitcoin can open the door.
But it’s on us to walk through it and bring meaning back with us.
❤️1
RK profile picture
🔍 1. Money as a Moral Mirror

“Money is not only corruptible but corrupting.”

This isn’t a rejection of money — it’s a call to master it rather than be mastered by it. In Kenya (or anywhere really), the degradation of money (via inflation, state overreach, fiat dependency) leads directly to moral erosion:
• Institutions rot.
• Incentives warp.
• Integrity becomes optional.

In this framing, fixing the money is about restoring virtue — not just economics.

Credit: @Alekandar Svetski 🙏🏾
1
Dylan Feest · 41w
a erosion: • Institutions nostr:nprofile1qqsx45yrjtgm4glklaafgz0z4309gs6cwfja3d99s8rqvlvgagcptpqprpmhxue69uhhqun9d45h2mfwwpexjmtpdshxuet54gjttu as it’s the (or leads it. economics. Credit: to than only to state money — call master not corruptible is virtue dependency) it overreach, anywhere ...
Tim Bouma · 45w
Long weekend. I plan to deep-read these docs to see how off-base their assumptions are. https://uncefact.unece.org/display/uncefactpublic/Global+Trust+Registry
RK profile picture
The Global Trust Registry (GTR) isn’t just about trade.
It’s a cornerstone in a global push to reassert control over money, identity & behavior through digital compliance infrastructure.

Let’s connect the dots.

What is the GTR?
A UN/CEFACT project to anchor digital identities (people, products, businesses) into a global, verifiable registry.

Think: passports for everything—stored, tracked, cross-border, and permanent.

Why now? Because decentralization is breaking the legacy system.
Bitcoin, Nostr, stablecoins, AI—these tools remove the need for centralized intermediaries.
GTR is part of the response mechanism.

GTR isn’t alone. Look at the global landscape:
• FATF = AML rules + identity for all crypto transfers
• IMF = Pressuring nations to pass VASP laws
• EU AMLR = Privacy coin bans, wallet KYC
• CBDCs = Programmable money
• UN GTR = Global trust anchoring

Different agencies. One goal:
Control the protocol layer.

The real motive? Regain control over the foundational layer: MONEY.

If you can’t control money, you can’t control:
• Tax
• Trade
• Borders
• Dissent
• Compliance

Without it, the modern nation-state unravels.

GTR adds the identity layer to this control matrix.

Combine:
• CBDCs (money layer)
• GTR (identity layer)
• FATF rules (compliance layer)
= A global financial panopticon built through “standardization.”

This isn’t coordination by conspiracy.
It’s convergence by design.

Each institution is building a piece of the same puzzle:
Frictionless global control.

But here’s the catch -
Technologies like Bitcoin, self-custodial Lightning, and Nostr don’t need permission.
They route around trust registries, around KYC, and around control.

That’s why this fight matters.

The Global Trust Registry sounds harmless.
But in context, it’s a digital ID backbone for a future where freedom is permissioned.

Don’t fall for the branding.

Final thought:
We’re not just building new tech.
We’re deciding who gets to define trust in the next century.

Open source? Or institutional gatekeepers?

Choose wisely.
🔥1
Tracking Token Disrespector · 61w
🤖 Tracking strings detected and removed! 🔗 Clean URL(s): https://x.com/thecryptobubble/status/1883841131068432711 ❌ Removed parts: ?s=46&t=v5ZlwErg5FyPs2rPJd-ZtQ
Erik Hersman · 61w
Should have some available next month. Pick and place machine setup ongoing. Waiting on a few parts.